240 Indiana AVE, Corpus Christi, TX 78404
240 Indiana AVE, Corpus Christi, TX 78404
240 Indiana AVE, Corpus Christi, TX 78404
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$769,000
Est. payment /mo
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6,000 SqFt
Active

240 Indiana AVE Corpus Christi, TX 78404

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James Rodriguez

James Rodriguez

+1(361) 563-5620

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $128

Subdivision Beau Jardin Condo / Bessarpark

MLS Listing ID 474975

HOA Y/N No

Year Built 1973

Annual Tax Amount $2,397

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Apartment

Property Description

6-Unit Multifamily | All 2/2 Layouts | In-Unit W/D | DSCR-Friendly Investor-focused 6-unit property located just one block from Ocean Drive Corpus Christi, one of the most desirable rental corridors in Corpus Christi. What sets this property apart is a rare unit mix of all 2 bed / 2 bath units with in-unit washer and dryer connections —a combination that consistently drives stronger rents and tenant retention compared to typical multifamily inventory in the area. The property is currently generating $7,195/month with a clear path to approximately $7,800/month, and is positioned to qualify for DSCR financing based on in-place income , making it immediately actionable for investors. Over $125,000 has been invested into the asset, including a new roof, recent interior and exterior paint, and overall improvements that allow for a true turnkey ownership experience . Several units feature balconies or decks, further increasing tenant appeal in this coastal location. Surrounded by homes valued above $500,000, the property benefits from both strong rental demand and long-term appreciation fundamentals. This is a clean opportunity for a DSCR investor, 1031 exchange buyer, or VA buyer looking to occupy one unit while offsetting expenses with rental income . A stabilized asset with a tenant-friendly layout that is difficult to replicate at this price point.

Location

State TX

County Nueces

Interior

Interior Features Other

Heating Central, Electric

Cooling Central Air

Flooring Laminate

Fireplace No

Appliance Dishwasher, Electric Oven, Electric Range, Refrigerator

Laundry Washer Hookup, Dryer Hookup

Exterior

Parking Features Rear/Side/Off Street

Utilities Available Sewer Available, Water Available

Roof Type Flat,Shingle

Building

Lot Description Other

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

Elementary Schools Menger

Middle Schools Baker

High Schools Ray

School District Corpus Christi Isd

Others

Tax ID 055300000010

Acceptable Financing Cash, Conventional, Other, Private Financing Available, Trade

Listing Terms Cash, Conventional, Other, Private Financing Available, Trade

Virtual Tour https://www.propertypanorama.com/instaview/cor/474975

Corpus Christi/Coastal Bend (CCMLS) - South Texas MLS
Listed by TruStar Real Estate • Payton Dodson

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James Rodriguez

James Rodriguez

Agent | License ID: 0776262

+1(361) 563-5620

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240 Indiana AVE